Crops
Chicago | Reuters — Chicago Board of Trade corn, soybean and wheat futures rose on Friday, rebounding from losses earlier in the week that pushed prices to contract lows on a round of bargain buying and short-covering, traders said. “We have been beaten up ever since we came back from Labour Day weekend,” said Dewey […] Read more
U.S. grains: Corn, soy, wheat bounce on bargain buying, weather concerns
Hemp holds potential for Alberta farmers — if they can grow long-fibre varieties
A new southern Alberta hemp fibre-processing facility will give hemp growers a market for what is currently an unwanted byproduct
Reading Time: 3 minutes A $30-million hemp fibre-processing facility is set to open in southern Alberta this fall, but it won’t — at least for now — be sourcing hemp from Canada. “I’ll be moving into a facility in about two months, and we’ll be operational from there,” said Brett Boag, chief executive officer of Cylab International. “But I’ll […] Read more
Frost expected on western Prairies next week
CNS Canada –– Environment Canada says it expects widespread frost across parts of Western Canada next week. Forecasts from the weather agency show freezing marks in most growing regions across Alberta and Saskatchewan from Tuesday to Thursday (Sept. 10-12) with a risk of frost. Temperatures in the Peace River region are expected to drop as […] Read more
Tightening canola stocks to put more pressure on 2014-15 crop
CNS Canada — Statistics Canada on Friday morning released its estimates for 2013-14 ending stocks, pegging canola supplies at 2.36 million tonnes, at the low end of expectations. “Canola was on the light side, maybe 300,000 tonnes lower than what most people were expecting, so it’s enough to underpin the market,” said Ken Ball of […] Read more
Dutch potato co-op buys control of Alta. seed firm
Dutch potato breeding co-operative Agrico has stepped up its direct interest in the North American seed potato sector by buying control of one of its major seed dealers. The co-op last week announced it has bought a 21 per cent stake in Parkland Seed Potatoes, raising its ownership to 60 per cent of the Edmonton company. […] Read more
Fund traders adding to canola shorts
CNS Canada — The fund short position in ICE Futures Canada canola continues to grow, but market participants believe it may get larger still before those speculators turn around and book profits. Back in mid-July, the fund short position was already considered large, at over 20,000 contracts. Speculators have steadily added to that position over […] Read more
Doing a better job of turning grass into grain — and saying so
Growing more forage is the right thing to do. Is the beef industry prepared if it happens?
Reading Time: 3 minutes If you’re looking for proof that there is no such thing as bad publicity, beef may be a good example. For years it’s been painted as a public health and environmental villain, and recently there were more reports on how bovine frontal and rearward methane emissions are a major source of climate-altering greenhouse gas. All […] Read more
U.S. grains: Corn, soy fall to four-year lows ahead of record harvests
Chicago | Reuters –– U.S. corn and soybeans futures fell more than one per cent to their lowest levels in four years on Thursday in a technical selloff sparked by the looming harvest of record-large crops. Wheat futures also were mostly lower, with several contracts reaching lifetime lows for a second straight session. The dollar […] Read more
Lentil crop quality a concern
CNS Canada — Top-end Canadian lentils may be hard to find this year, as wet weather and the late harvest are expected to lead to quality downgrades. The lentil harvest in Saskatchewan, where the bulk of Canada’s crop is grown, is only about 23 per cent complete, according to the latest weekly report from Saskatchewan […] Read more
CWB plans new concrete in southern Sask.
The grain company formerly known as the Canadian Wheat Board plans to add to its handle in south-central Saskatchewan with a new concrete-and-steel high-throughput elevator. CWB announced Thursday it will start construction this fall on a 42,000-tonne capacity elevator, plus grain cleaning facilities, on Canadian Pacific Railway (CP) track near Pasqua, Sask., a hamlet about […] Read more